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Technology Stocks : OnSale Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Brian H. who wrote (3443)	1/15/1999 10:17:00 PM
From: Don Wellington Jr.	Read Replies (1) \| Respond to of 4903

I am jumping in here, not necessarily responding to anything specific. As an outside observer, I have learned several things recently (last three months) 1) OnSale's rise from 16 to 104 several months ago, and their recession to the 50's-60's for the last 60 days, did not cause significant, low-level employee selling. These are basic wage employees, who were vested and could sell, but they have not. Even with a 4-6 times appreciation in three months. 2) Many, many low to mid-level employees have been promoted, position-wise in the last two weeks. Signs that a good job is being done by all, and expansion is on the horizon. 3) There has been a concerted effort by Onsale among the Vendor community, to speed confirmation of delivery information into the year-end figures. Confirmation of delivery validates the sales revenue, but also speeds up the obligation of Onsale to pay vendors. A company with any reservations does not speed up payment to vendors. 4) OnSale traditionally announces Press Releases on Tuesday or Monday after trading. That is the sum total of my knowledge. My questions are(as I continue to remain long on OnSale, based on their very good revenue growth, and loss decline chart)as follows: a) Has anyone heard anything about a stronger partnership with Yahoo? b) Has anyone heard about an affiliation with any other type of marketer which would make a good marriage, and surprise the industry? ie: The Sharper Image, Sotheby's, Butterfield & Butterfield, WalMart, etc. My belief is there is something up, and Jerry Kaplan is a very smart man. I believe, there will be two developments; one next week, and the other when they announce the earnings report for their fiscal year in February. Obviously, that leaves a lot of time for ups-and-downs-and in-betweens. I'm on the sidelines, but positive, and optimistic.